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threat yet. more problems for apple. a new gadget already being called an iphone killer. they said that before. are ♪ neil: well, if at first you don't succeed burn, baby, burn. cash, that is. president obama with a renewable energy lab and illinois. what is a renewable energy lap? pushing for more spending. china is pushing to invest $50 million on natural-gas. could be starting. we have massive amounts of natural gas, as you know, but the white house is kind of fickle on fracking all of that. in fact, some are saying even a fraction of that. this china think to my you in ambassador john bolton. good to have you back. what do you make of this? obviously china wants in. they are not dump. what do you think they're looking at? >> chinese energy policy is sort of mitt romney's energy policy. all of the above. they had a huge demand for energy. in energy poor country. oil, natural gas, nuclear, you name it and thereaftert. the fact that they're looking at liquefied natural gas for propulsion of vehicles and doing it in this country, it reflects the they're doing it there as well. wh
like pfizer. i think she heads over 30. >> dan. >> for all you guys looking to pick bottoms in apple beware of sticky fingers. >> karen. >> in the retail space i still like foot locker. >> guy. >> that's gross. newmont mine hg a reverse the other day. i think nem goes higher. >> i'm melissa lee. thanks so much for watching. see you tomorrow 9:00 a.m. for "squawk on the street." back at 5:00 for "fast money." meantime, don't go anywhere. "mad money" with jim cramer starts right now. >>> i'm jim cramer. and welcome to my world. >> you need to get in the game! >> they're going to go out of business and he's nuts! they're nuts! they know nothing! >> i always like to say there's a bull market somewhere. >> "mad money." you can't afford to miss it! hey, i'm cramer. welcome to "mad money." welcome to cramerica. other people want to make friends. just trying to save you money. my job is not just to entertain you but to educate you so call me 1-800-743-cnbc. let the would tip capitulators here be wrong. they almost by nature have to be wrong. talking about hedge fund managers who find themse
listened to walter isaacson talk about apple, if apple did your philosophy, the stock would be at 1,000. >> i don't know. every company is different. i can only talk our company. >> fair enough. now, talk about an asset-light model. and you just mentioned you don't take a lot of risk. but i think viewers always are confused about the hotel business. figure they see these empty hotels during the bad period and that must be hurting wyndham. actually, the opposite. an empty hotel is something you're looking for. >> well, we're looking if we can turn that empty hotel into one of our brands. put our flag on it. but you're right. we don't have the up side from when the real estate market goes really high, and people who own hotels can sell and make money. but we also don't have the risk on the down side when the markets are low. we take a piece of the -- as you said earlier, we take a piece of the revenue as a royalty for the use of our brand and to do our marketing. we don't play in the profitability of the hotel. >> but four years ago, there was a surfette of hotels. we're running into
closed off more than 3% at 265 and change. >>> meanwhile, apple was up on the day. its competitor, samsung, reveals a new smartphone. btig analyst says there are significant revenue opportunities still for apple. and that brought apple up almost 1% to 432.50. we'll have more on that new samsung phone a bit later tonight. >>> legendary investor kirk kerkorian says he wants to raise his stake in mgm to as much as 25%. that made mgm a big winner today, up almost 7%. >>> men's wearhouse surging after it said it was considering strategic alternatives for k&g unit. shares jumped 19% to $34 and change. >>> teen retailer aeropostale reported better than expected earnings after the bell today, but the company sees a first quarter loss ahead. analysts were expecting a small gain. shares dropped more than 5% in after-hours trading. >>> and suzy, e-trade's largest shareholder, citadel, is dumping its entire stake in the online broker. the hedge fund had been pushing for e-trade to sell itself. shares of e-trade off 8.2%. >>> intuitive surgical got a negative recommendation from the american c
. and apple is in the green after a bullish call by legendary investor bill miller. is that the start of a return to glory for apple stock? we'll check it out. and we'll find out which way the housing market could push this market. the top government official on housing, hud secretary, shaun donovan is here in a cnbc exclusive. that and a lot more coming up on "closing bell" on cnbc. at fidelity, we do it by merging two tools into one. combining your customized charts with leading-edge analysis tools from recognia so you can quickly spot key trends and possible entry and exit points. we like this idea so much that we've applied for a patent. i'm colin beck of fidelity investments. our integrated technical analysis is one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. ca >>> welcome back. no all-time high for the s&p 500 today, but that hasn't changed my next guest's bullish call on stocks. in fact, he's so bullish, he has a year-end target on the s&p of 1673. that's more than a 100-point gain from here. s&p today closi
exuberance" tells why he thinks the market is far from overheated. >>> and apple versus samsung. who's got the cool factor now? all that and more coming up tonight. good evening, everyone, and welcome to our public television viewers. so tyler, i guess all good things must come to an end? >> it must seem that way, because it was a great run. but it's over, with the best run in nearly 17 years in fact. but the dow's ten-day winning streak did come to an end today. investors sent stocks lower after a disappointing report on consumer sentiment raised worries about whether the market has gone too far too fast. after all, the dow is up 11% so far this year. the index hadn't had a down day this month. losing friday all year until today. the dow fell 25 points, ending the session at 145.14. the nasdaq was lower by nearly 10 and the s&p was off just two, and sits just four points from its own all-time closing high. despite today's reversal, the dow finished the week in the green, its fourth week in a row of gains. so what is next? more gains, says jim paulson, chief investment strategist at wells
england. have you wonders if bill gates secretly loves apple's fall from grace. >> apple is reeling almost 300-dollars off its high, a lot of people say that luft se lusts gone what do you think? >> his surprising answer, next. today is gonna be an important day for us. you ready? we wanna be our brother's keeper. what's number two we wanna do? bring it up to 90 decatherms. how bout ya, joe? let's go ahead and bring it online. attention on site, attention on site. now stting unit nine. some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. all your imptant legal matters in just minutes. protect youramily... anlaunch your dreams. at we put the law on your side. neil: tonight, apple could be in a whole galaxy of hours, samsung galaxy that is. anything but a party for apple. left you think the party is over for apple, take it from another apple riflapp rival who said no. >> apple is a incredible company, microsoft is an incredible company, the work giving consumers unbelieveable tools with voice recognition, and that is a c
of optimism, is overly optimistic right now. it maybe is a bit of an apple scenario. maybe good long-term story, but just a bit ahead of itself. that's why if i'm investing, i'd probably put half my money. if i'm in cash, i'd drip half my money in over a period of time. watch and is a see what happens over the course of the next three months. that's how we invest. we're not traders, per se, where we're trying to buy it all in one day. spread it out over a little bit of time, hedge your bets, that way you don't get killed by it at the high. >> pete, jump in here. what were you thinking? >> one other thing, and i think we've missed this point, maria. with the fed being so clear about the unemployment level and raising rates, one of the things i do, i am concerned about is, as that unemployment rate does start to decrease, perhaps investors will front run that, so to speak, and start selling bonds ahead of the level of 6.5% unemployment, which, ironically, would create a floor for interest rates, and that the unemployment rate would stay at 6.5%. it could never, theoretically, go beneat
're taking some of your own advice. yesterday you were in buying apple stock. tell us why. here is a stock that has been very controversial. it's been down 40% since its market high, getting new competition from samsung. we'll have more on that in just a little bit. but why buy apple? >> we still think it's a terrific business. obviously steve jobs was iconic, but nonetheless they have a terrific product development exercise under way under the new ceo tim cook. and they're still growing, still generating profits, are sitting on $137 billion in cash. have about a 2.4% dividend yield today, no debt. so i think they accompanying growth should help the multiple expand to very low 10 times turning to even 12 times along with what is likely to be redistribution of cash to shareholders in the form of a higher dividend or perhaps a share buyback, that should lead to a better share stock price for apple. >> you like pnc. we know a lot of banks are getting popular with investors. why did you pick this one? >> namely because its footprint in the midatlantic and the southeast is i think going to be p
miller and the stock you talked about this morning at the top of the seven was apple. why don't we talk about that because you were telling us interesting things when you compare apple's valuation to google. >> it's got know obsessive about the quarter, about earnings revision and margins and the valuation has been completely lost on people. so google is the stock of the day. google and apple will earn about the same per share this year and next year. google is 800 and apple is 400 and something, so apple, as i mentioned, i don't remember if i did or not, apple is better in ebitda than safeway, kroger and -- >> what's it going to take for investors to shift their view? >> the stock has tracked estimate revisions and people are worried about the quarter. so when the quarter is over the estimate revisions will be done and there's a new product cycle with the iphones this summer and that tends to get the stock going and i do believe they're going to do something fairly dramatic on capital allocation. i talked to them about this a few weeks ago and they're actively, saz they said, soli
phones. the company hose to surpass apple which is currently first in the u.s. mobile market. co-executive editor of all things the blog i'm pleased to have walter mossberg. welcome. >> thank you. >> rose: you have not seen this galaxy 4s have you. >> well what these companies do is they introduce them and then after a certain number of when they get enough units in, they give them to reviewers like me and we kind of put them through real world testing and so they want to be sure they have a productionunit that can hold up to. i'll get one shortly and i'll kind of torture test it. >> rose: then you'll come back and tell me what you found out. >> i will be happy to. >> rose: samsung targets apple's home turf, exploring the galaxy. this is the the "new york time" samsung on apple term. come to u.s. to unveil galaxy s4 device. this is really being pitched as a giant battle between the iphone and the galaxy, yes? >> right. and here's the way that i think people have to think about this. android is an operating system which is owned by google and used by samsung and many others is
, but not this ceo. the former apple head who's worried the president's talking and taxing too much and cutting too little. >>> but, first, after the tax whack is the big mac getting attacked? why the bad news out of mcdonald's has pele worried that this recovery is in reverse. at a dry cleaner, we replaced people with a machine. what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. i honestly loved smoking, and i honestly didn't think i would ever quit. [ male announcer ] along with support, chantix (varenicline) is proven to help people quit smoking. it reduces the urge to smoke. it put me at ease that you could smoke on the first week. [ male announcer ] some people had changes in behavior, thinking or mood, hostility, agitation, depresd mood and suicidal thoughts or actions while taking or after stopping chanti if you notice any of these stop taking chantix and call your doctor right away. tell your doctor about any history of depression or otr mental health pro
that they know there's a problem. the best security in the city is at an apple store. they know there's a problem and they're putting the public at risk. captain. obviously having technical difficulties. i'm captain joe and i'm the captain of major crimes unit which covers narcotics, homicide gang task force so i'm very well aware of the robberies and cell phone robberies that happen on a daily basis. i con /kupcur with your findings on what we see on these reports everyday. in fact today there was five reports and they were all object iphones and they were all about these thefts of them. i do have some statistics that i will show you about these iphone robberies and get into the bricking that you brought up as the main thing. always have a back up. these are jus some of the statistics and from february 154 cell phones, january 187, 2-23 around november which is right around the christmas holidays. in october 176 and september 162. there's been a slight decrease in 'em because we've caught a few of these series of these robberies, one just over the weekend involving shotgun robb
price cut for apple and a 25% chance of a miss on guidance. it's a big week for samsung and blackberry. >> those membership fees continue to provide stability against walmart and target. >> and are yum's troubles in china starting to stabilize? february shows signs of progress there. >> we will begin with the markets. the dow coming off of a fifth consecutive day of new all-time closing highs while the s&p is within ten points of its own record closing high. both indices are on winning streaks. so far futures, as you saw, moving a tad to the down side. jim, the action on the s&p, i looked back, it closed at its highs of the day for the past four or five sessions. >> very new pattern. i do "mad money" at night. we always try to hold the top until the end, and one of the reasons why we do is i'm so used to the sell-off at the end. we write it and say, of course, if you look at the way the day went. this is a new pattern like so many new patterns where we overlook bad and you get a dick's sporting goods and everyone comes back and says it's good today. this is an upon further review marke
, but not this ceo. the former a apple head who's worried the president's talking and taxing too much and cutting too little. >>> but, first, after the tax whack is the big mac getting attacked? why the bad news out of mcdonald's has people worried that this recovery is in reverse. charles: the white house celebrating as some jobs start to return. the economy adding 236,000 jobs last month, and that, well, that's got the administration saying that the recovery is gaining traction. well, tell that to the peeks at google's motorola unit or jcpenney's, those companies cutting thousands of workers, and people are cutting pack, get this, on buying big macs at mcdonald's. u.s. sales fell last month. so from big macs to e. mac who says the economy's still slow, so the white house should show down on the victory lap. al lewis is also with us, but got to start with you, e. mac. maybe too soon for the pom-poms. >> yeah, sounds great, but, you know, when you start revised, of course, the government revised down january by 38,000. the rate of growth in jobs is at an 18-month low. we're still creating only 191,00
. he's calling the top ceos, but not this ceo. the former apple head who's worried the president's talking and taxing too much and cutting too little. >>> but, first, after the tax whack is the big mac getting attacked? why the bad news out of mcdonald's has people worried that this recovery is in reverse. [ woman ] if you have the audacity to belie your financial advisor should focus on your long-term goals, not their short-term agenda. [ woman ] if you have the nerve to believe that cookie cutters should be for cookies, not your investment strategy. if you believe in the sheer brilliance of a simple explanation. [ male announcer ] join the nearly 7 million investors who think like you do: face time and think time make a difference. join us. [ male announcer ] at edward jones, it's how we make sense of investing. why do more emergency workers everywhere trust duracell? duralock power preserve. locks in power for up to 10 years in storage. now...guaranteed. duracell with duralock. trusted everywhere. hey, travis... get some friends, loser! so, are you all right, man? yeah. let me
-market on an upgrade from city. as a new report shows that it has been outspending apple in advertising to clench the market share gains it has seen. >> one step closer to getting the 787 back in the skies. the nefaa, a step to ending the two-month long grounding. >> we begin with the markets, by the skin of its teeth, the dow extending the winning streak and posting a record high close for the sixth consecutive day and the s&p closed higher despite hitting fresh five-year highs during yesterday's session. >> the bright spots here is what we saw managed to close higher yesterday were cyclical areas, semiconductors, energy and we had health care participating in that rally and bristol-myers. 11-year highs on that one. >> they screwed up badly and they bought a drug, not unlike glaxo they had, and it was red wine derivative drug and they fell. i will point out that the macarena is central to the thinking. >> really? >> because i went back and looked at this period november 1996 and was astonished at how everything was going right. everything. that was a time when your pc was powerful enough to be a
to actually own a bull is here to explain the bulls's behavior. >> norman the bull. >>> apple gets a long awaited upgrade this morning to a buy as samsung gets ready for its moment in the spotlight when it reveals the new galaxy in new york city tonight. >>> jpmorgan cuts amazon to neutral. is it time to re-evaluate? >>> cramer added to his gatsby index. we'll run down who's been added. >>> the dow posted an all-time closing high for a seventh consecutive session riding a nine-day winning streak. the longest since '96. the s&p, 11 points away from its own record high with futures moving higher. the watch is on to see if more market history will be made. two points, jim, on the dow. i guess you count it but they're certainly cutting it close. >> they always say the most exciting, maria -- it's the most exciting three minutes. have you seen that discussion we have to wait to see it settle? i will say that it is once again transport driven and that makes a lot of people who are old -- what a tie. i'm sorry. he's a great dresser. i'm trying but i'm not in your league. i didn't mean to be -- >
. >>> it's not too late for apple to buy netflix. sure, the stock's been up on a tear up $100, and the facebook announcement today and the sharing, well, let me just say it makes netflix the perfect fit for apple if the company is on the hunt. hey, why? apple's been lacking social. you need the holy trinity of social, mobile and the cloud to triumph in the brave new gadget world. he taught me that sales force to come. i know apple's been tantalizing with the idea of the itv being blown out. i simply did not believe the cable companies were willing to comply with apple which means ceding customers to them to have a successful itv iteration. it's what walter isaacson, steve jobs' biographer told me last fall. if isaacson thinks that even jobs couldn't get it done because you can't roll the powerful cable companies like the record companies as it did for itunes and you know this current management can't do it and jobs is a bully and they were simply tough negotiators and neither bullying nor negotiation will give them what they need and they're the names of 27 million compliant h
bay, up 3%, raised i wanted to take a look at apple, also positive comments getting an upgrade. you know what is interesting, a lot of people have wondered about apple and their capabilities going forward, but they wrote in their notes this morning they truly believe about the fact, there is,connell. connell: wanted to show everybody how i scratch my nose during your report. carnival's dream cruise ship, keeping the port at st. martin earlier. but the things that we like, apparently are just fine now, but carnival saying it would give the affected guests refun refunds, 30% off of future cruises about a month after the futurnightmare liner. dadagen will talk about overall bookings and everything else. whole foods looking to give you a healthier lifestyle announcing plans to open up an upscale health resort in the next three years near the resort in austin. they can stay for a week, a weekend, learn about living a healthier lifestyle and all those things. shares of whole foods market 88, 48. mcdonald's looking to aid in the healthy lifestyle introducing the egg white delight. yolk free ver
? > aren't you one of those traders who is seeing a rotation out of apple and into google? > > yeah. you know what, it is very interesting, because for about the last two weeks or so now, we have seen apple really hold major support at $425 - $420, $425. major support. and now maybe google is a little bit tired. so, where the people that had the flip side of that just two or three months ago, out of apple, into google, you are starting to see that rotation come to play now. > pleasure to have you on the show. thank you scott. > > take care angie. a former jp morgan executive will break her silence on capitol hill today. ina drew, the former chief investment officer, will testify in front of a senate committee about the bank's $6-billion trading debacle. ahead of the hearing, a senate report accused jp morgan ceo jamie dimon of intentionally withholding information from regulators while gambling with billions of dollars. reports say dimon believes daily profit and loss updates were not required. in the latest round of bank stress tests by the fed, jp morgan chase and goldman sachs were a
from samsung, the hype over the new galaxy s4 that's proof apple needs to watch its proof apple needs to watch its s. the capital one cash rewards card gives you 1% cash back on all purchases plus a 50% annual bonus. and everyone wants... ♪ 50% more doo wop ♪ 50% more buckarooooooooos ♪ 50% more yeeeaaahhhh!!!! ♪ 5 more yeah yeah [ male announcer ] the capital one cash rewards card gives you 1% cash back on every purchase, plus a 50% annual bonus on the cash you earn. it's the card for people who like more cash. ♪ 50% more boog ♪ what's in your wallet? cashhhhh!!! ♪ what's in your wallet? at od, whatever business you're in, that's the business we're in. with premium service like one of the best on-time delivery we do whatever it takes to make your business our business. od. helping the world keep promises. il: a new pope, a new record high. curious? the dow hit an all time high, 7th straight day, longest streak in 26 years. markets up, retail sales up, all of this despite taxes going up, and, today, democratic senator, patty murray announced a budget to ramp tax revenue
has to ask for it. it's by the carrier, it's not by apple. it's been the ones you see -- at&t, sprint and t-mobile. they all have these capabilities. they have 'em available. in the uk and australia they've had 'em for ten years. they have these find my phone apps where they can find their phone. but once they're turned out of you're unable to find 'em anymore. the criminals know that. they turn 'em off immediately. they go to the areas we know they're sold at and that's what we try to do. what happens after they sell it, first person may grab the phone, steel it from you, go sell it for about $200, then gets to the next buyer up so then it gets sold for $300, $400. these phones are sometimes being sold internationally sold. they can be sent out of the country, rebooted, similar card put in and they're sold internationally. we're still working on tracking these criminals who are doing this. it is lengthy and you did bring up the tracking -- the time consuming it would take for police to track 1900 phones that you talked about -- it's an all day affair to sit there and track
product from samsung, the hype over the new galaxy s4 that's proof apple needs to watch its s. ♪ dad, i'd put that down. ah. 4g, huh? verizon 4g lte. 700 megahertz spectrum, end-to-end, pu lte bui. the most consistt speeds indoors or out. and, obviously, astonishing throughput. obviously... you know how fast our home wifi is? yeah. this is basically just asast. oh. and verizon's got more fast lte coverage than all other networks combined. it's better. yes. oh, why didn't you just say that? huh-- what is he doing? neil: a new pope, a new record high. curious? the dow hit an all time high, 7th straight day, longest streak in 26 years. markets up, retail sales up, all of this despite taxes going up, and, today, democratic senator, patty murray announced a budget to ramp tax revenue even more up. would more tax hikes see all the good numbers crash down? let's ask. what do you think? >> well, yes, as will spending cuts. i hope the u.k. austerity britain since 2010, tried to reduce the deficit, have by 5%, but looking at a triple dip recession. the chief economists at imf said too much too so
ready to set its next device right in apple's backyard. >>> and pope francis begins the day with a prayer outside the vatican as the pope continues to celebrate the election of the first non-european pope in 1300 years. >> announcer: you're watching "worldwide exchange," bringing you business news from around the globe. >> well, the dow did it nine days straight, 16 days higher. about 34 the points above fair value on the dow. adding about 20 at this point. the nasdaq is pointing higher. take a look at what's been happening worldwide. the cnbc ftse global 300 is up about 11% today. pretty much a mirror image of what we saw yesterday. the same is true when we take a look at european markets. it's rebounding, adding about 1.3%. this follows yesterday, italy coming to market with four bonds that didn't necessarily go over as strong as expected. italy will be looking to raise longer term debt. the same is true for spain today. if you look at the ibex 35 rallying about 11% ahead of that auction, it was one of the lone green spots on the map yesterday. and the ftse 100 which has u
angry about the budget situation. they are extremely angry apple parties because of the accumulation of debt. they do not seem to be doing anything to stop this tsunami of red ink. washington is incomplete disarray. what do we do in november? we reelected 96% of these people. the numbers do not add up. dagen: i completely agree. if you look at the proposals from paul ryan and the senate democrats, where do you think there is room for compromise? >> i have looked through both of these budget. i spent most of yesterday going through paul ryan's budget. it is almost like republicans are from venus and democrats are from mars. they are totally talking past each other. the documents could not be more philosophically at odds. they could reach a compromise, but they are still really far apart right now. dagen: certainly infrastructure spending. >> $100 billion stimulus plan when we are supposed to be talking about reducing the deficit. >> you start to hear talks from both sides about tax breaks. if that could turn into tax reform, that would be great for everybody. >> i cannot wait for that
releases the highly anticipated galaxy 4 phone tonight. and some think it's an apple killer, but like i told stuart, you can only buy an etf that holds samsung shares. what's the real reason that samsung is not trading in the united states. it involves corporate intrigue. we've got that for you. and the dow best since 1996 and big banks are upping outlook on the economy and we're going to bring you the real headline after the break. the opening bell is next. friday night, buddy. you are gonna need a wingman. and my cash back keeps the party going. but my airline miles take it worldwide. [ male announcer ] it shouldn't be this hard. with, it's easy to search hundreds of cards and apply online. with fidelity's new options platform, we've completely integrated every step of the process, making it easier to try filters and strategies... to get a list of equity option.. evaluate them with our p&l calculator... and execute faster with our more intuitive trade ticket. i'm greg stevens and i helped create fidelity's options platform. it's one more innovative rea
? will he shift his idea on the key issues? 9:33 this morning. now this, another hit to apple's coolness? samsung will unveil its new galaxy 4 this week and there's a lot of buzz surrounding a possible new feature. it's called samsung eye scroll. and would sense your eye movement to scroll through the screen. remember when apple's announcement got this kind of buzz? well, now it's samsung's galaxy. more on the eye scroll, by the way in the next hour. dr. marc siegel, would you believe some on the production team believes it's bad for your eyes? we'll go off on a tan gent with the eye scroll. are we set for more gains at the opening bell? yes, looks like we are. back in a moment. the >> all right. monday morning, one minute till the opening bell. i, like you, want to know if this rally is going to continue. we've got a lot of smiles around the studio this morning. let's bring in the managing director at brandywine global. he manages personally 4 billion dollars. and does this rally today, not long-term, are we stiil going up? >> we're headed up the next several years, i believe. the u.s.
about a lot here, apple because of a incredible change of fortunes in the stock and in the company itself. you think apple is a pick. i'm wondering if you buy in now, or if in fact you wait for this pullback that you see coming? pause even if there's a pullback is apple going to be beaten down much further? >> david, that's a great question. it could get beaten down a little further, absolutely. we're very bullish on apple. we have been for several years. the greatest mantra in investing buy low, sell high. so you want to buy low and hopefully this is the low entry point. we expect apple to hit a three-year price target that is in april of 2016 of $900 a share. we called that perfectly in '08 with apple and we rid it up and rode it up as it rode up higher. david: let me ask you short term, george. in in fact you think apple will be hit along with other stocks with the ten and 15% hit, why not wait a little bit to buy apple? it has a little room to grow at the bottom. >> you could do that. of hedge your investment now short term and couple that over self months with the remainder of
. tech stocks are really among the day's worst performers. they are led by apple, jeffries cutting its price target on apple to $420 a share from $500, a little late on that. 500 was in the rearview mirror a while back. that stock is down $8. delays with the iphone 5-s in productions is the problem there, at least the concern. then we have google, down a percent. look at red hat, though, rht, down nearly 5%. citigroup downgrading the software maker from a buy to a neutral, so red hat down by $2.57. let's flip it over. we have money flowing into some of the consumer names. had you listened to our bull bear debate on jc penney yesterday, you might have been ready for this. jcp is moving higher by 5%. why? there's been some speculation -- we talked about this yesterday -- that ceo ron johnson is leaving. barely been there a year. the retailer says it is not true. but there you are. it's up 75 cents. anybody who has owned this stock for a while waiting for it to turn is a little happier today. we have costco, moving up a percentage point. the big box retailer second quarter earnings beatin
blackberry and samsung getting the kind of buzz usually reserved for apple. but is the iphone really in danger of losing its reign as the king of smartphones? ♪ you know my heart burns for you... ♪ i'm up next, but now i'm singing the heartburn blues. hold on, prilosec isn't for fast relief. cue up alka-seltzer. it stops heartburn fast. ♪ oh what a relief it is! with fidelity's new options platform, we've completely integrated every step of the process, making it easier to try filters and strategies... to get a list of equity options... evaluate them with our p&l calculator... and execute faster with our more intuitive trade ticket. i'm greg stevens and i helped create fidelity's options platform. it's one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. sales event has begun. ♪ featuring the lexus gs and is performance lines. because control is the ultimate expression of power. ♪ get great values on your favorite lexus models, during the command performance sales event. this is the pursuit of perfection. arri
a partner that has purchased some units of their blackberry. >> apple is getting a big up a great.upgrade. apple is startg to build up and they came out with an article that stated that they are seeing more people coming from androids to apple that people coming from apple to android. >> apple is setgoogle is settinn there are rss service. >> they are basically undo is some changes to put in place a few years ago. they are streamlining initiative help. >> robb will be blac will be bao 915 to talk more. >9:15 a.m. to talk more. >> the marino layer is just hugging the coast line. i will talk about who is affected in a few minutes. the temperatures are not too bed. we're warmer than we were 24 hours ago. we do have this fog advisory to 9:00 a.m. this morning. the national weather service did put it into effect. you can see the area and yellow where the visibility is less than a quarter mile. if you should drive with extra caution. you also have some type of drizzle. this is something that we will continue to monitor the we're also tracking the temperatures. b 12es. >es. >> here is yo
what could become the next big thing. and it's not from apple. we'll show you how it works that makes it so different, right after the break. are gonna happen to us. i'm here at my house on thanksgiving day, and i have a massive heart attack right in my driveway. an artery in your heart, it's called the widow maker. and mine was 95% blocked. they took me to the hospital, and the doctor put me on a bayer aspirin regimen. [ male announcer ] aspirin is not appropriate for everyone, so be sure to talk to your doctor before you begin an aspirin regimen. i'm a blue-collar worker. to me, bayer aspirin is another tool. go talk to your doctor. you're not indestructible anymore. ♪ i work for 47 different companies. well, technically i work for one. that company, the united states postal service® works for thousands of home businesses. because at® you can pay, print and have your packages picked up for free. i can even drop off free boxes. i wear a lot of hats. well, technically i wear one. the u.s. postal service®, no business too small. well, technically i wear one. you know it e
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